Frustrating Day

Almost three weeks ago I put in my 2 weeks notice at my previous job (which was in retail). My last day was last Saturday (6/2) and I was promised my last paycheck would be ready today (6/8).

But it wasn't. My ex-boss said she had completely forgotten to send it in. She told me to come back in a week.

I was counting on that paycheck. It would only be about $200, but every little bit helps.

Just out of curiosity, does anyone know the laws regarding the time frame in which you are supposed to receive your last paycheck?

On another note, I have my Roth IRA with Wellsfargo and my savings and checking with a local state bank. I've always been more than happy with my local state bank. The interest rates are good, they've always been helpful and friendly, and there's no ridiculous fees (once I overdrew on my checking account. They called me that day to tell me and said they wouldn't charge any overdraft fees if I deposited money by the end of the next business day). The only reason my Roth IRA is at Wellsfargo is because my state bank offers only traditional and Sep IRAs.

BUT the university I'm attending has an agreement with Wellsfargo. If you have a checking account with Wellsfargo and use their debit card at the university (for games, cafeteria, books, etc.) you receive 5% back, regardless of what you bought.

My question is this: should I transfer banks completely? Or just my checking? Can I open a checking account with Wellsfargo for my purchases at my university and close it once I graduate?

Starting a new checking account at Wellsfargo would be helpful in keeping track of my education expenses. But is it good to open a new account and close it a few years later? Would it make a difference if I closed the account because I moved out of state (or even out of the country)?

We have two different checking accounts. One bank we use so we can transfer money into DD's account because her college town doesn't have a branch of the credit union we use, but she does have access to a branch of the bank. So we use both accounts. It IS a little more to keep track of how much we use in each one. I would just make sure they wouldn't be charging you more in fees than you would get back. Interesting thing that they are working with a specific bank...something to think about!

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